JAT Capital Mgmt LP's Q2 2023 13F: 20 new positions, 14 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 36 reported positions · accession 0001892688-23-000076
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SEAWORLD ENTMT INC (PRKS) | 25.4% | — | −25.4 pts | −1.39M sh | −100% |
| Increased | MICRON TECHNOLOGY INC (MU) | 4.3% | 16.8% | +12.6 pts | +917K sh | +387% |
| Increased | MATCH GROUP INC NEW (MTCH) | 3.2% | 9.0% | +5.8 pts | +655K sh | +235% |
| New | ALPHABET INC (GOOGL) | — | 6.1% | +6.1 pts | +220K sh | new |
| New | GLOBAL E ONLINE LTD (GLBE) | — | 5.6% | +5.6 pts | +593K sh | new |
| New | PURE STORAGE INC (PSTG) | — | 5.2% | +5.2 pts | +612K sh | new |
| Exited | PINTEREST INC (PINS) | 4.9% | — | −4.9 pts | −605K sh | −100% |
| Exited | PROCORE TECHNOLOGIES INC (PCOR) | 4.3% | — | −4.3 pts | −233K sh | −100% |
| Reduced | SPOTIFY TECHNOLOGY S A (SPOT) | 4.2% | 0.3% | −3.9 pts | −98,555 sh | −93% |
| Exited | BLOCK INC (XYZ) | 3.3% | — | −3.3 pts | −162K sh | −100% |
| Exited | FLEETCOR TECHNOLOGIES INC (FLT) | 3.3% | — | −3.3 pts | −51,820 sh | −100% |
| Exited | AVIS BUDGET GROUP (CAR) | 3.2% | — | −3.2 pts | −54,646 sh | −100% |
| Exited | RH (RH) | 3.1% | — | −3.1 pts | −42,992 sh | −100% |
| New | ROBLOX CORP (RBLX) | — | 3.0% | +3.0 pts | +320K sh | new |
| New | LOUISIANA PAC CORP (LPX) | — | 2.8% | +2.8 pts | +160K sh | new |
| New | MONGODB INC (MDB) | — | 2.6% | +2.6 pts | +27,500 sh | new |
| New | OVERSTOCK COM INC DEL (BBBY) | — | 2.6% | +2.6 pts | +343K sh | new |
| Exited | CHEWY INC (CHWY) | 2.5% | — | −2.5 pts | −223K sh | −100% |
| Exited | DAVE & BUSTERS ENTMT INC (PLAY) | 2.4% | — | −2.4 pts | −214K sh | −100% |
| New | MICROSOFT CORP (MSFT) | — | 2.1% | +2.1 pts | +26,928 sh | new |
| Increased | NETFLIX INC (NFLX) | 1.0% | 2.9% | +1.9 pts | +18,500 sh | +193% |
| Reduced | HUBSPOT INC (HUBS) | 2.1% | 0.2% | −2.0 pts | −15,248 sh | −92% |
| New | SUPER MICRO COMPUTER INC (SMCI) | — | 1.8% | +1.8 pts | +31,802 sh | new |
| New | CONFLUENT INC (CFLT) | — | 1.7% | +1.7 pts | +214K sh | new |
| New | SERVICENOW INC (NOW) | — | 1.6% | +1.6 pts | +12,688 sh | new |
| Reduced | META PLATFORMS INC (META) | 6.7% | 5.8% | −0.8 pts | −17,212 sh | −16% |
| Increased | DRAFTKINGS INC NEW (DKNG) | 1.3% | 2.6% | +1.2 pts | +184K sh | +79% |
| Exited | SNOWFLAKE INC (SNOW) | 1.1% | — | −1.1 pts | −24,215 sh | −100% |
| Increased | THE TRADE DESK INC (TTD) | 0.9% | 1.9% | +1.0 pts | +57,247 sh | +112% |
| New | ACADEMY SPORTS & OUTDOORS IN (ASO) | — | 0.9% | +0.9 pts | +75,000 sh | new |
| Increased | NVIDIA CORPORATION (NVDA) | 8.3% | 10.6% | +2.4 pts | +9,256 sh | +9% |
| New | RPM INTL INC (RPM) | — | 0.7% | +0.7 pts | +36,109 sh | new |
| New | GENERAC HLDGS INC (GNRC) | — | 0.7% | +0.7 pts | +20,470 sh | new |
| New | ADVANCED MICRO DEVICES INC (AMD) | — | 0.6% | +0.6 pts | +24,216 sh | new |
| Exited | IHEARTMEDIA INC (IHETW) | 0.5% | — | −0.5 pts | −434K sh | −100% |
| New | EPAM SYS INC (EPAM) | — | 0.4% | +0.4 pts | +8,300 sh | new |
| Exited | INTUIT (INTU) | 0.4% | — | −0.4 pts | −3,064 sh | −100% |
| Exited | MARVELL TECHNOLOGY INC (MRVL) | 0.4% | — | −0.4 pts | −30,159 sh | −100% |
| Increased | MERCADOLIBRE INC (MELI) | 2.6% | 2.2% | −0.4 pts | +1,404 sh | +21% |
| Reduced | DISH NETWORK CORPORATION (DISH) | 1.7% | 0.6% | −1.1 pts | −238K sh | −39% |
| Increased | AMAZON COM INC (AMZN) | 3.9% | 4.2% | +0.3 pts | +11,872 sh | +9% |
| Exited | WESTERN DIGITAL CORP. (WDC) | 0.4% | — | −0.4 pts | −31,541 sh | −100% |
| Increased | CLOUDFLARE INC (NET) | 0.5% | 0.8% | +0.2 pts | +22,605 sh | +78% |
| New | RUMBLE INC (RUM) | — | 0.2% | +0.2 pts | +119K sh | new |
| New | ETSY INC (ETSY) | — | 0.2% | +0.2 pts | +11,238 sh | new |
| New | SHUTTERSTOCK INC (SSTK) | — | 0.2% | +0.2 pts | +18,274 sh | new |
| Reduced | NIKE INC (NKE) | 3.9% | 2.5% | −1.4 pts | −7,678 sh | −7% |
| New | UBER TECHNOLOGIES INC (UBER) | — | 0.1% | +0.1 pts | +8,300 sh | new |
| Increased | DOORDASH INC (DASH) | 0.1% | 0.1% | +0.1 pts | +3,176 sh | +83% |
| Reduced | ZILLOW GROUP INC (ZG) | 0.1% | 0.1% | 0.0 pts | −185 sh | −2% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 69.3% of the equity book
Changes in the top 10 this quarter: MTCH entered · GOOGL entered · GLBE entered · PSTG entered · RBLX entered · NFLX entered · PRKS left · PINS left · PCOR left · SPOT left · NKE left · XYZ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | MICRON TECHNOLOGY INC (MU) | 4.3% | 16.8% | |
| 2 | NVIDIA CORPORATION (NVDA) | 8.3% | 10.6% | |
| 3 | MATCH GROUP INC NEW (MTCH) | 3.2% | 9.0% | Entered the top 10 |
| 4 | ALPHABET INC (GOOGL) | 0.0% | 6.1% | Entered the top 10 |
| 5 | META PLATFORMS INC (META) | 6.7% | 5.8% | |
| 6 | GLOBAL E ONLINE LTD (GLBE) | 0.0% | 5.6% | Entered the top 10 |
| 7 | PURE STORAGE INC (PSTG) | 0.0% | 5.2% | Entered the top 10 |
| 8 | AMAZON COM INC (AMZN) | 3.9% | 4.2% | |
| 9 | ROBLOX CORP (RBLX) | 0.0% | 3.0% | Entered the top 10 |
| 10 | NETFLIX INC (NFLX) | 1.0% | 2.9% | Entered the top 10 |
| — | SEAWORLD ENTMT INC (PRKS) | 25.4% | 0.0% | Left the top 10 |
| — | PINTEREST INC (PINS) | 4.9% | 0.0% | Left the top 10 |
| — | PROCORE TECHNOLOGIES INC (PCOR) | 4.3% | 0.0% | Left the top 10 |
| — | SPOTIFY TECHNOLOGY S A (SPOT) | 4.2% | 0.3% | Left the top 10 |
| — | NIKE INC (NKE) | 3.9% | 2.5% | Left the top 10 |
| — | BLOCK INC (XYZ) | 3.3% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).